Annex Advisory Services LLC Has $15.36 Million Stock Position in Green Brick Partners, Inc. (NASDAQ:GRBK)

Annex Advisory Services LLC raised its holdings in Green Brick Partners, Inc. (NASDAQ:GRBK - Free Report) by 26.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 271,931 shares of the financial services provider's stock after acquiring an additional 57,045 shares during the period. Annex Advisory Services LLC owned about 0.61% of Green Brick Partners worth $15,361,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. State Street Corp grew its position in Green Brick Partners by 5.8% in the third quarter. State Street Corp now owns 1,737,812 shares of the financial services provider's stock valued at $145,142,000 after acquiring an additional 94,834 shares during the last quarter. Dimensional Fund Advisors LP grew its position in Green Brick Partners by 1.0% in the second quarter. Dimensional Fund Advisors LP now owns 1,609,122 shares of the financial services provider's stock valued at $92,106,000 after acquiring an additional 16,613 shares during the last quarter. Geode Capital Management LLC grew its position in Green Brick Partners by 9.1% in the third quarter. Geode Capital Management LLC now owns 710,144 shares of the financial services provider's stock valued at $59,324,000 after acquiring an additional 59,098 shares during the last quarter. Charles Schwab Investment Management Inc. grew its position in Green Brick Partners by 19.3% in the third quarter. Charles Schwab Investment Management Inc. now owns 364,472 shares of the financial services provider's stock valued at $30,441,000 after acquiring an additional 58,935 shares during the last quarter. Finally, JPMorgan Chase & Co. grew its position in Green Brick Partners by 68.4% in the third quarter. JPMorgan Chase & Co. now owns 292,590 shares of the financial services provider's stock valued at $24,437,000 after acquiring an additional 118,858 shares during the last quarter. Institutional investors own 78.24% of the company's stock.

Green Brick Partners Trading Down 0.1 %

Shares of NASDAQ:GRBK traded down $0.07 during midday trading on Monday, hitting $59.84. 368,655 shares of the stock were exchanged, compared to its average volume of 283,317. The stock has a market capitalization of $2.66 billion, a price-to-earnings ratio of 7.77 and a beta of 1.84. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.63 and a current ratio of 7.57. The business's 50-day moving average price is $63.49 and its 200 day moving average price is $70.41. Green Brick Partners, Inc. has a 12 month low of $48.66 and a 12 month high of $84.66.

Green Brick Partners (NASDAQ:GRBK - Get Free Report) last released its quarterly earnings results on Wednesday, October 30th. The financial services provider reported $1.98 earnings per share for the quarter, missing the consensus estimate of $2.07 by ($0.09). The firm had revenue of $523.70 million for the quarter, compared to the consensus estimate of $539.86 million. Green Brick Partners had a return on equity of 25.35% and a net margin of 17.70%. The business's revenue for the quarter was up 25.0% on a year-over-year basis. During the same quarter last year, the firm posted $1.56 earnings per share. Analysts predict that Green Brick Partners, Inc. will post 8.24 earnings per share for the current year.

Analyst Upgrades and Downgrades

Separately, JMP Securities reiterated a "market perform" rating on shares of Green Brick Partners in a research report on Tuesday, December 3rd.

About Green Brick Partners

Green Brick Partners, Inc is a diversified homebuilding and land development company in the United States. The company operates through three segments: Builder operations Central, Builder operations Southeast, and Land Development. The Builder operations Central segment operates builders in Texas; and the closing and delivery of homes.